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Tuesday, August 28, 2012

Colorado State University Sets Fundraising Record

Colorado State University (CSU) announced Sunday that it set a fundraising record for its campaign year that ran from June 2011 to June 2012.

According to a report in The Rocky Mountain Collegian, CSU supporters donated $111.6 million during the university's latest fundraising campaign, up 31 percent from the year before. The 2011-2012 numbers signaled the end of a seven-year campaign that saw 924,000 donors give a total of $537.3 million. Sixty-eight individuals gave $1 million or more.

The money from the campaign will go directly toward scholarships and faculty development.

“We basically doubled fundraising in two years,” said Brett Anderson, vice president for university advancement, in a statement. “This puts us up there with the big, nationally-known universities.”

CSU is not the only school to put up impressive fundraising numbers. The University of Colorado system announced at the beginning of August that it raised a record-breaking $228.6 million in the 2011-2012 fiscal year. It was revealed that colleges and universities raised a collective $30 billion in charitable contributions last year, an increase of 4.8 percent from 2010. In addition, the increase in giving to top 20 schools was $1.12 billion, accounting for almost half of the increase to all schools ($2.3 billion). This information appeared in the May 1 issue of The NonProfit Times,

About The NonProfit Times

Founded in 1987, The NonProfit Times is published 17 times per year and is the premier business publication for nonprofit management. The NonProfit Times reaches 38,000 executive decision makers and addresses all business functions of the nonprofit organization including the latest news, fundraising, financial management, direct marketing, technology and legal and human resource issues. With monthly Special Reports, and 5 specialized enewsletters The NonProfit Times is the source for business information for the nonprofit industry. Visit our website at www.thenonprofittimes.com